Focus Graphite Inc. (CVE:FMS – Get Free Report) traded up 9% on Wednesday . The company traded as high as C$0.37 and last traded at C$0.37. 36,241 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 134,240 shares. The stock had previously closed at C$0.34.
Focus Graphite Trading Down 9.0%
The company has a market capitalization of C$25.63 million, a PE ratio of -9.96 and a beta of 2.71. The business’s fifty day moving average is C$0.17 and its two-hundred day moving average is C$0.12.
About Focus Graphite
Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.
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